Core Viewpoint - China's involvement in Indonesia's energy transition is deepening as Western partners fail to fulfill their commitments, but this business model may carry risks related to regulatory and environmental measures [5][6]. Group 1: Energy Transition Partnership - In 2022, an international alliance led by Western countries, including Japan, initiated the "Just Energy Transition Partnership" (JETP) to help Indonesia reduce its reliance on coal, promising a total of $20 billion in funding, which includes grants, low-interest loans, and private financing. However, only $1.2 billion has been disbursed to date [6]. - The early promoter of JETP, the United States, quietly withdrew in March 2025, leaving Germany and Japan to coordinate the efforts [7]. Group 2: China's Role in Indonesia - Chinese companies are increasingly participating in Indonesia's green energy value chain, engaging in projects such as photovoltaics, hydropower, and electric vehicle assembly, often supported by national financing and progressing rapidly [7].
FT中文网精选——印尼能源项目:西方融资衰退,中国加速推进
日经中文网·2025-10-09 03:28